Loading...
R-9688 f:\atty\mu n i\1 aw$\mox\uti I ityrebate. reso City Council Meeting 7-24-01 Santa Monica, California RESOLUTION NUMBER9688 (CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA GRANTING A TEMPORARY UTILITY USERS TAX REBATE TO OFFSET EXTRAORDINARY INCREASES IN ELECTRICITY AND GAS UTILITY COSTS WHEREAS, the State of California is experiencing an energy crisis resulting in increased electricity and gas costs which affect the residents and businesses of the City of Santa Monica; and WHEREAS, on May 22,2001, the City Council adopted Ordinance Number 2010 (CCS), adding Section 6.72.180 "Temporary Utility User Rebates Due to Extraordinary Increases in Utility Costs" to the Santa Monica Municipal Code; and WHEREAS, Section 6.72.180 of the Santa Monica Municipal Code authorizes the City Council to grant a temporary utility users tax rebate to any class of service user in the manner and upon terms and conditions as the City Council determines to be appropriate for the purpose of assisting service users to offset extraordinary costs associated with unusual price increases in utility service charges; and 1 WHEREAS, the City Council has considered the factors required by Section 6. 72.180(b) in determining whether to grant a utility user tax rebate thereunder and finds that a rebate is appropriate. NOW, THEREFORE, THE CITY COUNCIL DOES RESOLVES AS FOLLOWS: SECTION 1. The City Council hereby finds that a temporary rebate of Utility Users' Taxes ("UUT") as described below, is appropriate due to the following reasons: (a) A temporary UUT tax rebate is necessary to abate a significantly increased tax burden on resident and business users; (b) The temporary tax rebate will not adversely affect the City's ability to meet its financial obligations as contemplated in its current and projected budgets; (c) Extraordinary circumstances have created an electricity and gas utility crisis within the City of Santa Monica; and (d) The electricity and gas utility crisis has created a volatile condition that requires periodic reassessment by the City Council. SECTION 2. The City Council hereby grants a temporary rebate of UUT in an amount not to exceed One Million Four Hundred Thousand Dollars ($1,400,000) (the "Rebate") to all residential and business users ("Customers") in the City of Santa Monica for Fiscal Year 2001-2002 (the "Rebate Period"). SECTION 3. The Tax Administrator shall implement the Rebate. A uniform factor for electricity service and a uniform factor for gas service shall be applied to all Customers in the City of Santa Monica for purposes of administering the Rebate. The Tax 2 Administrator may issue rules and regulations for implementation ofthe Rebate as provided in Santa Monica Municipal Code Section 6.72.120. SECTION 4. During the Rebate Period, the Tax Administrator is granted the authority to administratively adjust the Rebate to reflect actual City receipts from UUT. The Tax Administrator shall provide written notice of the Rebate to all affected service suppliers as may be required by the Public Utility Commission and by Public Utilities Code Section 799. SECTION 5. The City Clerk shall certify to the adoption of this Resolution. and thenceforth and thereafter the same shall be in full force and effect 3 Adopted and approved this 24th of July, 2001. /J'; //I~ , ?::u~ Michael Feinstein, Mayor I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 9688 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 24th of July, 2001, by the following vote: Ayes: Council members: O'Connor, McKeown, Genser, Mayor Pro Tem Bloom, Mayor Feinstein Noes: Council members: None Abstain: Council members: None Absent: Council members: Holbrook, Katz ATTEST: \JS_-L-?:\ \. \ "~ \ c"--: ~C" ~ Maria Stewart, City qerk A CalPERS EXHIBIT California Public Employees' Retirement System ... AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of Santa Monica "~H The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1944, and witnessed April 5,1944, and as amended effective March 1,1950, September 1,1951, June 1,1954, November 1, 1960, February 1, 1962, September 12, 1965, November 1, 1969, November 25,1973, January 20,1974, March 3,1974, June 28,1981, May 13,1984, January 1,1992, April 25, 1993, January 12, 1996, January 15, 1999, November 13, 1999, November 19, 2000 and April 28, 2001 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 13 are hereby stricken from said contract as executed effective April 28, 2001, and hereby replaced by the following paragraphs numbered 1 through 13 inclusive: 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 55 for local miscellaneous members; age 50 for local fire members; and age 55 for local police members and ocean beach lifeguards. 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1944 making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only on the election of a contracting agency. PLEASE 00 NOT SIGN IIEXHIBIT ONLY. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); c. Ocean Beach Lifeguards (included as local safety members); d. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: NO ADDITIONAL EXCLUSIONS 5. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21354 of said Retirement Law (2% at age 55 Full). 6. The percentage of final compensation to be provided for each year of credited prior and current service as an ocean beach lifeguard shall be determined in accordance with Section 21366 of said Retirement Law (One-half pay at age 55 Full). 7. The percentage of final compensation to be provided for each year of credited prior and current service as a local fire member shall be determined in accordance with Section 21362 of said Retirement Law (2% at age 50 Full). 8. The percentage of final compensation to be provided for each year of credited prior and current service as a local police member shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). The required member contribution rate is 9% of reportable compensation. 9. Public Agency elected and elects to be subject to the following optional provisions: a. Section 20421 ("Local Safety Member" shall include ocean beach lifeguards of a city as described in Government Code Section 20421). b. Section 21571 (Basic Level of 1959 Survivor Benefits) for ocean beach lifeguards. c. Section 21222.1 (One-Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. PLEASE DO NOT SIGN "EXHIBIT ONLY" d. Sections 21624 and 21626 (Post-Retirement Survivor Allowance) for local police members and local fire members only. e. Section 20042 (One-Year Final Compensation) for local police members, local fire members, and local miscellaneous members only. f. Section 21024 (Military Service Credit as Public Service). Statutes of 1976. g. Section 20903 (Two Years Additional Service Credit). h. Section 21573 (Third Level of 1959 Survivor Benefits) for local miscellaneous members and local fire members only. i. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local police members only. 10. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 11. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21573 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local miscellaneous members and local fire members. b. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21574 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local police members. c. A reasonable amount, as fixed by the Board, payable in one installment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. d. A reasonable amount, as fixed by the Board, payable in one installment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. 12, Contributions required of Public Agency and its employees shall be subject to .....~ill......f..........,........+ 10....\1 0.......1"'\,....... _.... .....,...,..._11....+ _4= ..,..........._..........~'O'I"'\+..... .'" tho. DII......li,.. CPVI_I_,,__iI"'o' aUJUi.:)LIII'V11L uy UUOI U VII CH....\.ooV'-.41IL VI OllltJIIUll11O;#1llv LV lll" I UUllv L-IIIJJIVYC:;vVi Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Law. 13. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Boa~. ~ ~ Thi", ",m",nnm",nt ",h",1I h", "'ff"'/"ti~n th", n",,, ,..,f >-- "I'.... _111""11_11'_111. 'oJ I i_II __ _II_......~""'C. _111.11_ _ __:/ _, \ ""'-J N' ""''''''Ar''!or''''''l.''''''- Af""'\k....llr-o""rr"\^""r',........ _~ _,--'-" __11"'_11 ,-.......~ DVI-'II"'I.U vr I-'IUIVIII'lI;::) II'V-\ I IVI'l . ~.... 1.,,11 T vVUI'lvIL 'J PUBLIC EMPLOYEES' RETIRE~T SYSTEM CITY OF SANTA MONICA ~ (,\, ,)8:-1 ~ ~. ~ 1.\ BY ~~ BY _-v' KENNETH W. MARZ=ION IEF PRESIDING OFFICER & ACTUARIAL & EMPLO SERVICES DIVISION ~rPUBLIC EMPLOYEE TIREMENT SYSTEM ~ <:::;\0 ~ ~ ~ ~ Witness Date <:<.., <:::s <<.; C:) <<.,'v Attest: <<..,,~ <<.'v B. Clerk AMENDMENT PERS-CON-702A (Rev, 8\96)